by Jonathan Bill | Jun 16, 2021 | Biz Taxes, COVID-19, IRS
Paid Sick & Family Leave Credits were enhanced under the American Rescue Plan (ARP), which was enacted in March. The credits reimburse small and mid-size (and certain governmental) employers for the cost of providing paid sick and family leave to their employees...
by Jonathan Bill | Jun 7, 2021 | General Info, IRS, Personal
If you have one or more children age 17 or under, you may automatically begin receiving advance payments of the Child Tax Credit on July 15th. Roughly 39 million households — covering 88% of children in the United States — will begin receiving the payments as part of...
by Jonathan Bill | May 19, 2021 | GA Taxes, Personal, Small Business
Beginning July 1, 2021, owners of certain short-term rentals must begin paying hotel taxes under House Bill 317, which was signed into law by Governor Kemp last month. The law requires that home rental companies, such as Airbnb and VRBO, collect Georgia’s $5-per-night...
by Jonathan Bill | May 6, 2021 | General Info, IRS, Small Business
When you first start a business, you don’t know what you don’t know. This can be especially true when it comes to taxes. As a new business owner, you may not be aware of the many tax deductions available that can help take the sting out of starting up. The IRS defines...
by Jonathan Bill | Apr 21, 2021 | Biz Taxes, IRS, Tax Season
Tax Return Deadline: May 17 While the IRS has extended the federal income tax filing due date for individuals to May 17, we can no longer accept returns to meet that deadline. If we have NOT yet received your paperwork, we will be happy to file an extension for you....
